The new European Commission President Ursula von der Leyen will be taking charge on November 1. But before this happens, the MEPs (Member of the European Parliament) will have to scrutinize several candidates and select a few who will become part of her top team. The selection process for these European commissioners started on September ...
In August, the British government prepared a report called “Operation Yellowhammer” that outlined the worst-case scenario for the country in case of a no-deal Brexit. The report was never made public. However, after opposition MPs defeated the ruling government in the House of Commons, the report was ordered to be publicized. The predictions therein warn ...
The European Central Bank (ECB) has lowered the interest rates for bank deposits by 10 basis points to minus 0.5 percent. The ECB is hoping that the measure will encourage banks to lend out more, thereby stimulating the economy. Negative interest rates In a negative interest rate policy, the banks in the region will have ...
While the U.S.-China trade war and Brexit have been hogging international headlines, a quiet storm is brewing in Italy that threatens to disrupt the European economy. The country’s debt is currently sitting at 132 percent of its GDP, worrying several experts that it might trigger another financial crisis in the EU similar to or even ...
Concerned about potential cyberattacks from Russia and China, the European Union will soon conduct war games to defend against such aggression. The EU’s decision comes on the back of a series of cyberattacks that have made the member states concerned about the safety of their networks and data. The war games The EU plans on ...
Uncertainty surrounding Brexit has every economic expert, investor, and government on edge. Britain’s exit from the European Union will break several long-standing trade agreements that could change how both regions conduct business with the rest of the world. The governor of the Bank of England, Mark Carney, is the latest expert to warn about an ...
© 2024 nspirement. All rights reserved
